Sharjah Cement to resolve on 7% dividend in early April

Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Company said Thursday it set 2 April for its ordinary general meeting (OGM) to look into payment of cash dividends at 7% of capital for fiscal year 2015.

The seven fils per share payout total AED 38.71 million ($10.5 million).

In the fiscal year 2015, net profits reached AED 62 million ($16.88 million), nearly remaining flat as compared to figures from the fiscal year 2014.

Mubasher Contribution Time: 17-Mar-2016 11:11 (GMT)